Thursday, February 22, 2024
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Some rain in the clouds

It was bound to happen: The cloud is starting to leak some rain. The big three cloud providers (Amazon Web Services, Microsoft Azure, and Alphabet/Google Cloud) reported earnings this past week and with the exception of Google Cloud, they came in below analyst expectations. That’s not the same as saying the cloud providers are doing poorly, because they’re not. Each continued to grow at impressive rates on hefty revenue bases.

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